As per the reports, it has been indicated that Google is planning to ban advertisements encouraging cryptocurrencies and ICOs (Initial Coin Offerings) commencing from June. In the recent events, Google publicized this move as a requirement of its updating policy, planning to ban other hazardous financial products. Source: www.exporthub.co
In 2017: • Google suggested these things in 2017 in a different blog post saying that the organization removed nearly 3.2 million advertisements breaching the policies set by them. • Scott Spencer, the director of sustainable ads at Google, said that changing the advertisement experience all over the web, be it narrowing down the intrusive or the hazardous ads will be the foremost priority of Google
Actions for banning Cryptocurrencies: • Cryptocurrencies and Bitcoin infamously volatile and governments are also taking appropriate steps for taking down these digital currencies. • China made successful attempts to remove and ban all forms of digital currencies. • India doesn’t approve Bitcoin to be the legal tender. • Korea is also planning to ban Bitcoins and cryptocurrencies from its country which is disrupting the trading and economy of the country.